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The Money Edition

The crossbench is quietly rewriting the budget

Measures that pass the House are being reshaped in the Senate, one amendment at a time.

Emily Rayner

A senator gestures during a press conference

Most of the fiscal argument now happens after the speech, in negotiations that rarely make the front page.

The pattern is consistent: headline measures survive, thresholds and start dates move.

For households, the start date is usually the part that matters.

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